Special
Announcement
Auto World licenses tooling for AMT, MPC & Polar Lights model
kits, American Muscle/ Ertl Collectibles die-cast
March 7, 2008
South Bend, IN – Auto World (a division of Round 2, LLC) has signed a
licensing agreement with RC2/Learning Curve Brands, Inc. of Oak Brook,
Illinois. The contract will allow Auto World to produce and market
plastic model kits under the well-known brands of AMT, MPC and Polar
Lights. Also included are the rights to manufacture 1:18 and 1:24 scale
die-cast replicas using the trademarks of American Muscle and Ertl
Collectibles. In addition, Auto World will now be handling production of
Custom and Premium promotional die-cast vehicles for RC2’s current
C&P customer base, with sales continuing through established
representatives.
Thomas E. Lowe, President and Owner of Round 2, is now assembling a team
of knowledgeable plastic model and die-cast specialists who are excited
about this license opportunity and passionate about reintroducing these
brands to their respective communities. Lowe states, “Our goal is to
bring back many sought after vintage kits of all types from the AMT and
MPC tooling banks, some that haven’t been available for decades. We've
recruited model kit expert and creative designer John Greczula from
Retro Hobby, Inc. to work with us. The American Muscle tooling bank has
great potential, too, and Craig Flickinger, who was the Product Manager
for American Muscle for several years, is on board to ensure that
collectors are kept as priority one. Using our own production
facilities, we will have the capability to adjust quantities of the
model and die cast lines to satisfy market demand. We will not rely
solely on old tooling, but will develop new tools as well.”
Further, Lowe states, “2008 is going to be a roller coaster ride for
us as we prepare our game plan and get things moving. There is an
incredible amount of information to be absorbed and organization that
must take place. We understand the modeling and die-cast markets have
changed and that several large mass-retail chains are beginning to turn
their backs on stocking these products. We will try and slow that down
by introducing new and innovative products, hopefully enticing them to
support our brands. I learned a lot when I ran my previous company,
Playing Mantis, and I intend to use all of my knowledge and contacts to
the maximum. For me, it’s an opportunity of a lifetime.”
Tom Lowe and RC2 Brands, Inc. are no strangers to each other. Lowe, an
entrepreneur known for his expertise in collectible automotive subject
matter, sold his first company, Playing Mantis, Inc. to RC2 in 2004.
Lowe founded Playing Mantis in 1994 and resurrected the classic Johnny
Lightning brand, producing small-scale die-cast replicas and electric
slot cars catering to the adult collector. Enthusiastic response
resulted in phenomenal growth of the brand, and spurred Lowe to venture
into other areas, including Polar Lights plastic model kits and Memory
Lane seasonal product.
Round 2 was established by Lowe in 2005 and reintroduced electric slot
cars under the Auto World brand, an iconic hobby catalog trademark which
Lowe purchased from Auto World’s founder, Oscar Koveleski.
Round 2 is an innovative collectibles company located in South Bend,
Indiana. Its family of brands includes Auto World, currently featuring
X-Traction, ThunderJet and Super III 1:64 scale electric slot racers and
racing sets; Forever Fun Holiday Collectibles, featuring detailed
recreations of favorite holiday characters and EarthGlow Candles,
featuring unique licensed candles and candle toppers. Round 2 is proud
to add AMT, MPC and Polar Lights model kits, American Muscle and Ertl
Collectibles die-cast to its portfolio of brands.